Federal Bank has informed that as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the following allotments have been made after payment of money by the allottees: Allotment of 1,91,498 (One lakh ninety-one thousand four hundred and ninety-eight only) Equity Shares with face value of Rs 2 each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2017 Scheme on March 11, 2024.
The above information is a part of company’s filings submitted to BSE.